PRICE HAS REACHED A CRITICAL LEVEL! The Bears need an injection of new shorts to continue the bear trend from the Financial crises of 2008. The Bulls require an injection of new longs to counter the renewed bearish sentiment. Moving to lower time frames, Price Action begins to show the significance of this level.
The Best Momentum Trading Strategy using the Best Forex Momentum Indicator Our team at Trading Strategy Guides believes that smart trading is the way to build the best momentum trading strategy. In this regard, we don’t want to predict when the momentum will happen, but we let the market tips his hands and then react. One principle of the momentum indicator...
USDJPY Bearish, the final target is the initial movement. RSI is on 50 level in a downtrend
EURUSD Is on correction, prepared to do the last bullish impulse to 161,8 fibonnaci
USDJPY Is near 61.8 retracement of second wave. The price can reach the price 108.500 as last target
CL1! US Inventories are so low and the price could go over 40$
Hi. There is might be a short setup for EUR/USD. We have overbought on Stoch and cross k% & D%. We have a nice resistance level on 1.1303
Entry $0.17629 SL 1% Risk $0.17440 TP 1 50% $0.18000 Reverse Head and Shoulders Formed
XAUUSD Reach support and could get as last target 1800
USDJPY Reach a bearish resistance with and RSI overbought
USDCHF Reached 61.8 fibonacci level, could go down near to 0.94
GBPUSD broke the resistance and could reach the next resistance level
What are Pennant Patterns? Flag and Pennants meaning Pennant patterns form after a strong price movement. This is because after a strong upward or downward movement the buyers or the sellers take a break and battle for a short period before the trend eventually breaks out and continues the primary trend. Step #1 Apply Parabolic SAR indicator to the chart. The...
EURUSD broke the bullish resistance because good news about PMI, can reach the next resistance level
CL1! Is on bullish support, RSI is on 50. As first target could reach 39$ and as second target 40$
USDCHF Retest the resistance, RSI has divergence, the price could reach the previous support